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Abu Dhabi committed to overcome Covid-19 impact

ABU DHABI / WAM A special virtual meeting was conducted by Mohammed Ali Al Shorafa, Chairman, Abu Dhabi Department of Economic Development (Added), where he emphasised the Abu Dhabi Government’s commitment to enhance the roles of entities within the public and private sectors in the continuous efforts to overcome the challenges and impact caused by the Covid-19 pandemic. Al Shorafa’s ...

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Louvre Abu Dhabi to reopen on June 24

ABU DHABI / WAM Tickets can now be purchased on Louvre Abu Dhabi’s website ahead of the museum’s reopening this Wednesday, June 24. Visitors will once again be able to experience Louvre Abu Dhabi’s world-class collection and view its latest international exhibition, Furusiyya: The Art of Chivalry between East and West, which will run from July 1 and extended until ...

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dnata achieves highest safety standards in Erbil

Erbil / Emirates Business dnata, one of the world’s largest air services providers, continues to be recognised for achieving the highest safety standards. The International Air Transport Association (IATA) awarded dnata the IATA Safety Audit for Ground Operations (ISAGO) Registration in Iraq, following the successful completion of a comprehensive audit of the company and its ground-handling operations at Erbil International ...

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Sewa completes natural gas network in Rahmaniyah

Sharjah / WAM Sharjah Electricity and Water Authority (Sewa) has completed the implementation of a natural gas network in all areas of Rahmaniyah, with a length of 305 km. This bring the length of the network in the city of Sharjah to 1750 km. Sewa is currently working on implementing a strategic line from the Rahmaniyah station to the Muwailih ...

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Emirates ready to serve travellers

Emirates Business Emirates welcomes the latest air travel protocols that will facilitate international travel for UAE citizens, residents and tourists, and open Dubai to business and leisure visitors from July 7, while putting in place careful measures to ensure the health and safety of travellers and communities. Emirates has also launched an advertisement to tell the world that Dubai is ...

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One Million Arab Coders Initiative announces five winners

DUBAI / WAM One Million Arab Coders Initiative (OMAC) led by Dubai Future Foundation (DFF) named the five winning student coders whose projects tackle some of the crucial issues facing today’s societies while bringing value to communities in countries across the Arab world. The five student coders were selected for their project proposals outlining how they would execute their fully ...

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Norway set to tighten rules for wind turbines

Bloomberg Norway is set to tighten rules for building wind turbines, caving in to massive protests from locals. A government proposal to slow down the development of onshore wind power comes after increasing local resistance mirrors sentiment in other European countries. Norway already decided to scrap a plan for a new permission framework last year. Norway, which has already developed ...

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Japan’s work culture gets a Covid-19 shock

Japan’s corporate culture is stuck in a bad place. But the coronavirus pandemic might have given it just the nudge it needs to get out of the trap. From the 1960s through the 1980s, the country developed a corporate system that worked well. Managers, rather than shareholders, controlled companies, allowing long-term planning and investment, keeping employment levels high and fostering ...

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Wirecard and allure of lots of cash

Like all good financial aphorisms, the notion that “profit is an opinion, while cash is a fact” contains a kernel of truth. It’s certainly a lot easier for companies to massage quarterly earnings than it is to lose track of how much cash they have in the bank. Ultimately, investors use projected cash flows to determine what a business is ...

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China faces a rice bowl dilemma after virus

Empty supermarket shelves in the early stages of the coronavirus pandemic have put grow-your-own back on the world’s agenda, and nowhere more so than in China, where ensuring food supplies for its huge population has been a political priority for decades. Simply diversifying imports may not satisfy hawkish voices. Emphasizing domestic production, though, will extract a heavy toll for a ...

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